5000 FLORENCE AVE, Philadelphia, PA 19143
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5000 FLORENCE AVE, Philadelphia, PA 19143
5000 FLORENCE AVE, Philadelphia, PA 19143
5000 FLORENCE AVE, Philadelphia, PA 19143
5000 FLORENCE AVE, Philadelphia, PA 19143
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The Bollack Team

The Bollack Team

+1(443) 299-7994
Listed by Brannon John • KW Empower
$ 589,000
Est. payment /mo
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Active

5000 FLORENCE AVE Philadelphia, PA 19143

2,550 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,550 sqft

Price per Sqft $230

Subdivision Squirrel Hill

MLS Listing ID PAPH2540486

Style Traditional

Abv Grd Liv Area 2,550

Year Built 1925

Annual Tax Amount $5,916

Tax Year 2025

Lot Size 2,283 Sqft

Acres 0.05

Lot Dimensions 22.00 x 105.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

TriPlex. Seller Assist Available with approved offer. As a 1st time homeowner looking to house hack or a seasoned investor 5000 Florence Ave is ideal. Complete with a two-car garage that is perfectly suited for a future roof deck addition. With RM-1 zoning, the property allows for expansion of up to five units by right, offering a rare and valuable opportunity for both developers and investors. Currently the 3 units are rented under market value two -2bed/1bath and one 1bed/1bath bringing in $48,000 annually.
The home features a walk-out basement with shared laundry facilities and side yard garden, fire pit, and seating—ideal for entertaining on cozy fall nights. The building was owner occupied for more than 15 years always with a history of strong rental performance. Current rents remain under market, creating immediate upside for increased returns. Offered in As-Is condition, the property provides a blank canvas for repositioning, expansion, and long-term growth. Easy walking distance to UPenn and Drexel Universities as well as the Baltimore Avenue favorites like Carbon Copy, Mariposa C0-Op Grocery and Clark Park.

Whether your goal is to elevate rental income or expand the building to maximize its potential, this triplex presents a rare chance to secure an asset in a highly desirable location. Don't miss the opportunity to transform this property into a premier investment with exceptional promise.

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RM1

Rooms

Basement Side Entrance

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Parking Features Additional Storage Area

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage Y

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 2550

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 511147210

Ownership Fee Simple

SqFt Source 2550

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

The Bollack Team

The Bollack Team

Agent | License ID: 660828

+1(443) 299-7994

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5000 FLORENCE AVE

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